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This credit is for funds spent on the energy-star approved materials, not on installation or labor cost. For example, if the roofing materials cost $5,000 and the labor expense was $5,000, resulting in a total cost of $10,000, a tax filer would still only receive the maximum tax credit of $1,500.
Metal roofs can last up to 100 years, with installers providing 50-year warranties. [citation needed] Because of their longevity, most metal roofs are less expensive than asphalt shingles in the long term. [10] Metal roofing can consist of a high percentage of recycled material and is 100% recyclable. [11]
A study by Ducker International in 2005 identified the average cost per year of a metal roof to be US$3.2 per square metre ($0.30/sq ft) while single-ply roofs stood at $6.1/m 2 ($0.57/sq ft) and built-up roofing at $4.0/m 2 ($0.37/sq ft).
Sometimes people take into consideration the energy savings or durability of the materials and see the value of paying a higher initial cost in return for a lower lifetime cost. For example, an asphalt shingle roof costs less than a metal roof to install, but the metal roof will last longer so the lifetime cost is less per year.
The primary roof covering [5] on houses in North America are asphalt shingles, but some have other types of roof shingles or metal roofs. Tile and thatch roofs are more common in Europe than North America. Some roofing materials help reduce air conditioning costs in hot climates by being designed to reflect light.
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